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Another shockingly good jobs report shows America’s economy under Biden admin is booming

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Posted: #76

Quote Originally Posted by fubah2:

an_blowhorn    'I Was Wrong':

 


Ex-Trump White House Adviser Makes Surprise Confession On Fox Business

 

     One of Donald Trump’s leading economic advisers
now admits he was wrong about the gloomy predictions
he made for the economy under democratic Joe Biden.

            an_clap

“Mea culpa,” Fox Business host Larry Kudlow said
on the air Thursday. “I was wrong about a slowdown
and a recession, so was the entire forecasting fraternity.”

  kudlow finally comes around to the obvious truth

 

 

 

"I'm the MOST HONEST human being that GOD EVER created!" - Donald "the felon" Trump
 
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Posted: #77

Quote Originally Posted by KellyM_1964:

Quote Originally Posted by fubah2:    

'I Was Wrong'

:   Ex-Trump White House Adviser Makes Surprise Confession On Fox Business        One of Donald Trump’s leading economic advisersnow admits he was wrong about the gloomy predictionshe made for the economy under democratic Joe Biden.              “Mea culpa,” Fox Business host Larry Kudlow saidon the air Thursday. “I was wrong about a slowdownand a recession, so was the entire forecasting fraternity.”  

 

kudlow finally comes around to the obvious truth

 

Kudlow made a similar confession about the strength of the economy last month when the gross domestic product GDP jumped faster than expected.

“He gets his due,” Kudlow said of Biden. 

“If I were he, I would be out slinging that hash, too! No problem!” 

 
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Posted: #78

Quote Originally Posted by Zeus4par:

The hot job market is creating a positive feedback loop in the American economy   “We’re particularly happy to see wages outpacing prices. That’s so important for families,” White House economist Jared Bernstein said.   - CNN

 

love for something to backup this claim.

 

I run a breakfast and lunch diner in CT and believe me my “wages” have not gone up but you know what has? The cost of everything we purchase and utilize. On a personal level you also know what’s gone up? 

My Rent

My Electric Bill

My Personal Grocery Bills

My Cell Phone Bill

 

Wages = Same (and know why?) 

 

Restaurants Food Distributors Prices Rising DRASTICALLY!

 

So please explain to me how “wages are outpacing prices” 

LMFAO get a clue

Freedom road was a one-way street
 
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Posted: #79

Quote Originally Posted by fubah2:

'I Was Wrong'

Ex-Trump White House Adviser Makes Surprise Confession On Fox Business       

One of Donald Trump’s leading economic advisersnow admits he was wrong about the gloomy predictionshe made for the economy under democratic Joe Biden.              “Mea culpa,” Fox Business host Larry Kudlow saidon the air Thursday. “I was wrong about a slowdownand a recession, so was the entire forecasting fraternity.”     kudlow finally comes around to the obvious truth   Kudlow made a similar confession about the strength of the economy last month when the gross domestic product GDP jumped faster than expected. “He gets his due,” Kudlow said of Biden.  “If I were he, I would be out slinging that hash, too! No problem!”

Kudlow was director of the National Economic Council under Trump for nearly three years.

Kudlow added that despite a wave of lay-offs across the country, the unemployment rate remains low, and monthly job gains are generally quite positive!

 
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Posted: #80

Quote Originally Posted by philschnaars:

Quote Originally Posted by Zeus4par: The hot job market is creating a positive feedback loop in the American economy   “We’re particularly happy to see wages outpacing prices. That’s so important for families,” White House economist Jared Bernstein said.   - CNN   love for something to backup this claim.   I run a breakfast and lunch diner in CT and believe me my “wages” have not gone up but you know what has? The cost of everything we purchase and utilize. On a personal level you also know what’s gone up? My Rent My Electric Bill My Personal Grocery Bills My Cell Phone Bill   Wages = Same (and know why?)    Restaurants Food Distributors Prices Rising DRASTICALLY!   So please explain to me how “wages are outpacing prices”  LMFAO get a clue
The min wage here near Seattle is approaching $20/hr. Many small biz's have shut down, & the cost for a basic breakfast (without beverage) is around $16.

 
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Posted: #81

Quote Originally Posted by THEMUGG:

Quote Originally Posted by philschnaars: Quote Originally Posted by Zeus4par: The hot job market is creating a positive feedback loop in the American economy   “We’re particularly happy to see wages outpacing prices. That’s so important for families,” White House economist Jared Bernstein said.   - CNN   love for something to backup this claim.   I run a breakfast and lunch diner in CT and believe me my “wages” have not gone up but you know what has? The cost of everything we purchase and utilize. On a personal level you also know what’s gone up? My Rent My Electric Bill My Personal Grocery Bills My Cell Phone Bill   Wages = Same (and know why?)    Restaurants Food Distributors Prices Rising DRASTICALLY!   So please explain to me how “wages are outpacing prices”  LMFAO get a clueThe min wage here near Seattle is approaching $20/hr. Many small biz's have shut down, & the cost for a basic breakfast (without beverage) is around $16.

 

but the work force is growing…… I’m told

Freedom road was a one-way street
 
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Posted: #82

There really is a disconnect from what I'm told and what I've been seeing. More poverty, more homeless, more crime. Inflation thru the roof, businesses shuttering, corporate layoffs, union strikes. Yet massive job growth huh? 

 

I have a hard time believin 

Sip on that plus money honey!
 
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Posted: #83

Quote Originally Posted by Digitalkarma:

There really is a disconnect from what I'm told and what I've been seeing. More poverty, more homeless, more crime. Inflation thru the roof, businesses shuttering, corporate layoffs, union strikes. Yet massive job growth huh?    I have a hard time believin

 

but cnn says Biden is the savior of our economy, we should all praise that man!

Freedom road was a one-way street
 
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Posted: #84

Quote Originally Posted by philschnaars:

Quote Originally Posted by Digitalkarma: There really is a disconnect from what I'm told and what I've been seeing. More poverty, more homeless, more crime. Inflation thru the roof, businesses shuttering, corporate layoffs, union strikes. Yet massive job growth huh?    I have a hard time believin   but cnn says Biden is the savior of our economy, we should all praise that man!

 

just reading this thread title makes me sad that people believe the crap they’re told

Freedom road was a one-way street
 
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Posted: #85

[Quote] Biden is the savior of our economy, we should all praise that man![/Quote]

 

 

and it is great to see the stock market rising even higher again today !

an_cheers

 

 

 

 

 

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Posted: #86

According to Axios, business council survey of 138 Fortune 500 chief executive officers show confidence is up to highest level in two years.  Ditto for consumer confidence from University of Michigan index of consumer sentiment.

 
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Posted: #87

Quote Originally Posted by philschnaars:

Quote Originally Posted by Zeus4par: The hot job market is creating a positive feedback loop in the American economy   “We’re particularly happy to see wages outpacing prices. That’s so important for families,” White House economist Jared Bernstein said.   - CNN   love for something to backup this claim.   I run a breakfast and lunch diner in CT and believe me my “wages” have not gone up but you know what has? The cost of everything we purchase and utilize. On a personal level you also know what’s gone up? My Rent My Electric Bill My Personal Grocery Bills My Cell Phone Bill   Wages = Same (and know why?)    Restaurants Food Distributors Prices Rising DRASTICALLY!   So please explain to me how “wages are outpacing prices”  LMFAO get a clue

Another business owner peace_5

 

Another business who doesn't see the bottom line changing but does see the costs of doing business rising peace_5

 

It's nationwide and in many industries this is happeningpeace_5

 

Another person who sees that the normal or typical American is not seeing a decrease in much of anythingpeace_5

 

an_lightpeace_5

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Posted: #88

Quote Originally Posted by KellyM_1964:

[Quote] Biden is the savior of our economy, we should all praise that man!
    and it is great to see the stock market rising even higher again today !

@KellyM_1964

 Yeah, a positive cycle is the mode.  We will most likely continue to see something akin to 2-steps forward, one-step back in the markets as it continues a slow upward trajectory over time.  Getting some decent dividends already and I expect it to rise.

@KellyM_1964

 Yeah, a positive cycle is the mode.  We will most likely continue to see something akin to 2-steps forward, one-step back in the markets as it continues a slow upward trajectory over time.  Getting some decent dividends already and I expect it to rise.

 
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Posted: #89

Quote Originally Posted by thirdperson:

According to Axios, business council survey of 138 Fortune 500 chief executive officers show confidence is up to highest level in two years.  Ditto for consumer confidence from University of Michigan index of consumer sentiment.
As well it should be.  The economic indicators are there.  Biden and the Dems have had a tough road to traverse and rescue America since being handed the WORST situation to a new administration in at least the last 75 years if not our entire history.

 
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Posted: #90

Quote Originally Posted by fubah2:

Quote Originally Posted by thirdperson: According to Axios, business council survey of 138 Fortune 500 chief executive officers show confidence is up to highest level in two years.  Ditto for consumer confidence from University of Michigan index of consumer sentiment.As well it should be.  The economic indicators are there.  Biden and the Dems have had a tough road to traverse and rescue America since being handed the WORST situation to a new administration in at least the last 75 years if not our entire history.

To be fair, COVID has put a wrinkle on a lot of this and should always have an asterisk next to it....Trump and Biden were/are in difficult positions as it relates to economy numbers....the rise and fall during and after COVID should be viewed as a slant eyed figure...not normal circumstances...jus sayin' 

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Posted: #91

Quote Originally Posted by fubah2:

Quote Originally Posted by KellyM_1964: [Quote] Biden is the savior of our economy, we should all praise that man!     and it is great to see the stock market rising even higher again today !
 

 

a tiny backtrack here and there is fine by me        the trajectroy is upward  and that is good for maybe 35% of  Americans directly   and most of the rest at least indirectly  an_cheers

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Posted: #92

Quote Originally Posted by fubah2:

Quote Originally Posted by thirdperson: According to Axios, business council survey of 138 Fortune 500 chief executive officers show confidence is up to highest level in two years.  Ditto for consumer confidence from University of Michigan index of consumer sentiment.As well it should be.  The economic indicators are there.  Biden and the Dems have had a tough road to traverse and rescue America since being handed the WORST situation to a new administration in at least the last 75 years if not our entire history.
   true   but i would say those criterion apply to our entire history .  i doubt there was ever a new administration (change) where the incoming inherited a worse situation than what biden was handed by the the republicans 

almost as bad  was the disaster bush handed to obama an_speechless

 

 

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Posted: #93

Full day of trading still ahead in the major US markets and there's no telling yet where they will "close" but February 9, 20024 marks the historic day when the S & P 500  climbed over the 5,000 mark an_2drinks

 

 

 
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Posted: #94

Quote Originally Posted by fubah2:

Full day of trading still ahead in the major US markets and there's no telling yet where they will "close" but February 9, 20024 marks the historic day when the S & P 500  climbed over the 5,000 mark

an_cheers     

an_clap

an_2drinks

an_dance

 

 

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Posted: #95

The state of the US economy right now

 

CNN -

By many measures, the US economy remains
on strong footing, including the labor market. an_2drinks

 

Economic growth registered at a strong 3.3%
annualized rate in the fourth quarter,
according to Commerce Department data,
and is on track to remain north of 3%
in the first three months of this year,
the Atlanta Fed is currently projecting. thumbs_up

 

 
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Posted: #96

Nasdaq and S&P 500 soar to record highs

 

                                              an_cheers          moneyeyes
Feb 29  New York, CNN —

The tech-heavy Nasdaq composite index and
S&P 500 broke records Thursday afternoon.

The Nasdaq closed at a new high of 16,091.92,
about 35 points above its last closing high of
16,057.44, reached in November 2021
before the Federal Reserve began raising rates.

The S&P 500, meanwhile, gained 0.5%
to close at a new high of 5,096.27.
It reached its last high earlier this month.

 
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Posted: #97

This is yet another fine display of the success of the 2017 TCJA, only interrupted by the Wuhan Pandemic.   

Another fine accomplishment of the Trump presidency an_clapan_clap

 
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Posted: #98

Quote Originally Posted by fubah2:

Nasdaq and S&P 500 soar to record highs

 

 

                                              an_cheers          moneyeyes
Feb 29  New York, CNN —

The tech-heavy Nasdaq composite index and
S&P 500 broke records Thursday afternoon.

The Nasdaq closed at a new high of 16,091.92,
about 35 points above its last closing high of
16,057.44, reached in November 2021
before the Federal Reserve began raising rates.

The S&P 500, meanwhile, gained 0.5%
to close at a new high of 5,096.27.
It reached its last high earlier this month.

president biden !!!!!!  an_clap

 

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Posted: #99

Quote Originally Posted by fubah2:

Nasdaq and S&P 500 soar to record highs                                                        

   Feb 29  New York, CNN — The tech-heavy Nasdaq composite index and S&P 500 broke records Thursday afternoon. The Nasdaq closed at a new high of 16,091.92, about 35 points above its last closing high of 16,057.44, reached in November 2021 before the Federal Reserve began raising rates. The S&P 500, meanwhile, gained 0.5% to close at a new high of 5,096.27. It reached its last high earlier this month.

Usually the markets have liked to finish up by the end of the week and I have taken some positions hoping for that!  thumbs_up

 

 

 
 
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